Is Mequon, WI 53097 a buyer’s or seller’s market?

The Mequon housing market right now

In the three months ending August 31, 2026, 34% of homes in Mequon, WI 53097 sold above their list price, the typical home went under contract in 45 days and there were 2.1 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (36% then), homes sold faster (53 days then) and the median sale price rose 3% to $862,077. Overall, Mequon is about as competitive as it was a year ago.

Within Ozaukee County, homes here sell faster than in 57% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Mequon ranks #183 of 319 WI ZIP codes with enough sales (score 63 out of 100).

Nearby, buyers who want less competition could look at Belgium 53004 (20% sold over asking), while Mequon 53092 (63% sold over asking) and Cedarburg 53012 (63% sold over asking) are even more competitive.